$ 5 bn is the value of Egypt's contribution to the capital of the Islamic Development Bank Group


Dr. Hala El-Said, Minister of Planning and Economic Development, Governor of the Arab Republic of Egypt at the Islamic Development Bank Group, announced the results of cooperation between Egypt and the Bank Group within two years (August 2018 - December 2020).

She said that Egypt is one of the founding countries of the Islamic Development Bank, pointing out that Egypt joined the bank in 1974 and has a permanent seat on the Board of Executive Directors.

She added that Egypt ranks seventh among the largest shareholders and owns the largest number of shares in the bank, with 357,965 shares, or 7.07%, and its capital subscription amounts to $ 5 bn.

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